Quick take: Pelangi shoot up 19% on privatisation offer


KUALA LUMPUR: Shares in Pelangi Publishing Group Bhd rose to its highest in seven months following a privatisation offer from its controlling shareholders.

The textbook publisher rose 19.23%, or five sen to 31 sen, highest in seven months.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Pelangi Publishing , privatisation

Next In Business News

Gold at near 2-week low after Trump announces Israel-Iran ceasefire
MDV appoints Sharul Sazman Samaan as chief business officer
Cuckoo International edges higher on Main Market debut
Virgin Australia shares jump 8.3% in trading debut
Shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire
O&G counters give up gains as crude prices plunge
Trading ideas: Yinson, Willowglen, AirAsia X, Mulpha, Enra, LBS, CAB, Hiap Huat, Cuckoo, Pan Merchant, ASM, Food Media, Magni-Tech
US crude oil futures fall over US$3 as Trump announces Israel-Iran ceasefire
Shares cheered in Asia as Trump announces Iran-Israel ceasefire
US yields fall after Fed's Bowman says interest rate cuts may come sooner

Others Also Read